Steven Madden Ltd. (NASDAQ: SHOO) closed the day trading at $42.71 down -0.26% from the previous closing price of $42.82. In other words, the price has decreased by -$0.11 from its previous closing price. On the day, 851544 shares were traded.
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Ratios:
For a better understanding of SHOO, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.50 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.19. For the most recent quarter (mrq), Quick Ratio is recorded 1.66 and its Current Ratio is at 2.26. In the meantime, Its Debt-to-Equity ratio is 0.17 whereas as Long-Term Debt/Eq ratio is at 0.12.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Telsey Advisory Group on February 29, 2024, Reiterated its Market Perform rating but revised its target price to $44 from $39 previously.
On February 14, 2024, Piper Sandler started tracking the stock assigning a Neutral rating and target price of $45.
Citigroup Downgraded its Buy to Neutral on February 07, 2024, while the target price for the stock was maintained at $41.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 14 when Frieders Karla sold 16,794 shares for $41.97 per share. The transaction valued at 704,913 led to the insider holds 103,748 shares of the business.
Davis Peter Allan sold 300 shares of SHOO for $10,854 on Nov 15. The Director now owns 6,951 shares after completing the transaction at $36.18 per share. On Aug 14, another insider, MIGLIORINI PETER, who serves as the Director of the company, sold 3,989 shares for $34.54 each. As a result, the insider received 137,788 and left with 16,100 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SHOO now has a Market Capitalization of 3.19B and an Enterprise Value of 3.10B. As of this moment, Steven’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.53, and their Forward P/E ratio for the next fiscal year is 14.32. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.85. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.61 while its Price-to-Book (P/B) ratio in mrq is 3.81. Its current Enterprise Value per Revenue stands at 1.57 whereas that against EBITDA is 13.20.
Stock Price History:
Over the past 52 weeks, SHOO has reached a high of $45.63, while it has fallen to a 52-week low of $29.92. The 50-Day Moving Average of the stock is 42.47, while the 200-Day Moving Average is calculated to be 36.01.
Shares Statistics:
Over the past 3-months, SHOO traded about 681.13K shares per day on average, while over the past 10 days, SHOO traded about 984.63k shares per day. A total of 76.80M shares are outstanding, with a floating share count of 70.50M. Insiders hold about 5.51% of the company’s shares, while institutions hold 104.14% stake in the company. Shares short for SHOO as of Feb 15, 2024 were 3.24M with a Short Ratio of 4.76, compared to 3.33M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.34% and a Short% of Float of 6.18%.
Dividends & Splits
SHOO’s forward annual dividend rate is 0.84, up from 0.84 a year ago. Against a Trailing Annual Dividend Yield of 1.96%, it implies a Forward Annual Dividend Yield of 1.97%. The stock’s 5-year Average Dividend Yield is 1.77. The current Payout Ratio is 36.52% for SHOO, which recently paid a dividend on Mar 22, 2024 with an ex-dividend date of Mar 07, 2024. Stock splits for the company last occurred on Oct 12, 2018 when the company split stock in a 3:2 ratio.
Earnings Estimates
Current recommendations for the stock of the company come from 10 analysts. On average, analysts expect EPS of $0.55 for the current quarter, with a high estimate of $0.62 and a low estimate of $0.5, while EPS last year was $0.5. The consensus estimate for the next quarter is $0.53, with high estimates of $0.58 and low estimates of $0.49.
Analysts are recommending an EPS of between $2.79 and $2.53 for the fiscal current year, implying an average EPS of $2.62. EPS for the following year is $2.99, with 10 analysts recommending between $3.21 and $2.84.
Revenue Estimates
10 analysts predict $524.11M in revenue for the current quarter. It ranges from a high estimate of $534.43M to a low estimate of $507.9M. As of the current estimate, Steven Madden Ltd.’s year-ago sales were $461.74M, an estimated increase of 13.50% from the year-ago figure. For the next quarter, 10 analysts are estimating revenue of $507.19M, an increase of 10.90% less than the figure of $13.50% in the same quarter last year. There is a high estimate of $516.77M for the next quarter, whereas the lowest estimate is $490.6M.
A total of 10 analysts have provided revenue estimates for SHOO’s current fiscal year. The highest revenue estimate was $2.23B, while the lowest revenue estimate was $2.14B, resulting in an average revenue estimate of $2.21B. In the same quarter a year ago, actual revenue was $1.98B, up 11.30% from the average estimate. Based on 10 analysts’ estimates, the company’s revenue will be $2.32B in the next fiscal year. The high estimate is $2.35B and the low estimate is $2.25B. The average revenue growth estimate for next year is up 5.10% from the average revenue estimate for this year.
